08/22/2025
Well said Sarasota Lifestyle!
📊 Sarasota Housing Market - SINGLE FAMILY HOMES – July 2025 vs July 2019 (Pre-Covid “Normal”)
As someone who’s lived and worked in Sarasota real estate for 20+ years, I don’t rely on corporate media headlines. I rely on data. And the numbers tell a much clearer story than the “doomsday” reporting you’ve probably seen.
Here’s what’s really happening with single-family homes in Sarasota County:
>>Closed Sales: 723 today vs 802 in July 2019 ➝ about 10% fewer sales. A slowdown, yes—but hardly a collapse.
>>Median Sale Price: $470,000 today vs $290,000 in July 2019 ➝ that’s about 8% growth per year, above our long-term historical average.
>>Average Sale Price: $684,858 today vs $386,220 in July 2019 ➝ a 10% annual increase. I don’t lean too heavily on averages, since Sarasota has two very different markets (luxury and “everyone else”), and luxury sales skew this number upward.
>>Pending Inventory: 833 homes under contract today vs 998 in July 2019 ➝ slightly lower buyer activity than pre-Covid.
>>Active Inventory: 3,574 homes available today vs 2,555 in 2019 ➝ that’s a 40% increase in supply, giving buyers more options than at any time in years.
✅ The Bottom Line:
Compared to the “normal” year of 2019, Sarasota prices are still well above trend, but inventory is higher and sales are only moderately lower. This isn’t a market collapse—it’s a market that’s recalibrating.
My role isn’t to add emotion or drama. It’s to interpret the data so you can make confident, informed decisions about buying or selling in Sarasota.
If you’d like a clear, honest assessment of how today’s numbers affect your next move, send me a message. No pressure, just straight talk.
Up Next > Condos/Townhouses (multi-family). Want to take a guess how the MF market in Sarasota County is faring against stiff headwinds? 😧
— Mike Payne
Sarasota Listing Specialist | Bright Realty
Straight Talk. Smart Moves. Sarasota Real Estate.